DIRTT Environmental Solutions Upgrades to OTCQX Best Market

DIRTT Environmental Solutions ( (TSE:DRT) ) has provided an announcement.

DIRTT Environmental Solutions Ltd has announced its approval to trade on the OTCQX® Best Market, upgrading from the Pink® market. This move is expected to enhance the marketability of its securities and attract U.S.-based institutional investors, wealth advisors, and individual investors, potentially increasing trading volume and liquidity. The company will continue trading on the Toronto Stock Exchange under the symbol ‘DRT’.

The most recent analyst rating on (TSE:DRT) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on DIRTT Environmental Solutions stock, see the TSE:DRT Stock Forecast page.

Spark’s Take on TSE:DRT Stock

According to Spark, TipRanks’ AI Analyst, TSE:DRT is a Neutral.

DIRTT Environmental Solutions’ overall stock score is primarily influenced by moderate financial performance and challenging technical indicators. While the company shows operational improvements and a strong cash flow, inconsistent revenue growth and high leverage are concerns. The technical analysis suggests bearish momentum, further impacting the score. Valuation metrics are reasonable, but the lack of a dividend yield is a downside.

To see Spark’s full report on TSE:DRT stock, click here.

More about DIRTT Environmental Solutions

DIRTT Environmental Solutions Ltd is a leader in industrialized construction, offering a system of physical products and digital tools that empower organizations to build high-performing, adaptable interior environments. The company operates in the workplace, healthcare, education, and public sector markets, providing solutions that offer design freedom and certainty in cost, schedule, and outcomes. DIRTT’s construction solutions are designed to be flexible and adaptable, allowing organizations to reconfigure their spaces as needs evolve.

Average Trading Volume: 39,307

Technical Sentiment Signal: Sell

Current Market Cap: C$161.1M

For detailed information about DRT stock, go to TipRanks’ Stock Analysis page.